Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|Nov 02, 2026 08:48
The wallet behind the Pando Rings exploit has laundered 𝟰,𝟬𝟬𝟬 𝗘𝗧𝗛 ($9.17M) through Tornado Cash — the largest single tranche moved so far, with 7,548 ETH ($16.72M) total accumulated and still actively routing proceeds through the mixer. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Active laundering at this scale creates sell-pressure overhang. Mixed ETH typically exits to fresh wallets and eventually routes to exchanges for cash-out, translating into spot selling pressure on ETH. The remaining ~3,548 ETH still held outside the mixer represents additional laundering risk ahead. https://arkm.com/explorer/address/0x303D0A175CeEC14DD7B3d4F60CABE6CEc06a3d9F source: lookonchain Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=3255
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